1824 E Main Street Danville, IL 61832

The American Inn Motel, situated on approximately 0.92 acres in Danville, Illinois, presents an opportunity to acquire a 33-room hospitality asset with additional land. The property includes two vacant parcels that offer development or expansion potential. The motel features 33 exterior-entry guest rooms and an on-site 3-bedroom apartment. A new roof has recently been installed with warranty. The site is zoned B1 Neighborhood Business, allowing for future repositioning or redevelopment for hospitality, multifamily, or mixed-use purposes. Located along East Main Street (U.S. Route 136), the property is near Interstate 74 and within Danville's Campus Corridor TIF District. This corridor is near the VA Illiana Health Care System, Danville Area Community College (DACC), and the Golden Nugget Danville Casino. In 2023, the motel reported a gross income of $249,320, up from $199,793 in 2022. The motel caters to transient highway travelers, extended-stay guests, workforce lodging, and visiting families. Danville is undergoing a resurgence fueled by public-private investment, industrial expansion, and infrastructure growth. Major employers include Carle Health, AutoZone Distribution Center, Watchfire Signs, Viscofan, and multiple state and federal institutions. The Golden Nugget Casino adds a tourism and entertainment layer to the city's economy.